The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 MW (surpassing the 4,313 MW installed in all of 2016), according to the latest India Solar Market Update released by Mercom India Research.

In the last year, FY2016-17, the country's solar energy capacity expanded by a record 5,525.98 MW. According to reports released by MNRE, India added 3,010 MW in the previous year, thus translating to an almost doubling of growth in the past year.

Both technology and infrastructure are developing in our country. As a result, the renewable energy segment is witnessing a new paradigm. We have experienced almost 25 per cent growth in the energy storage segment.

The development in the introduced limit in India is driven by monetary impetuses given by the administration. These are required to drive the Indian utility-scale PV development from 35 MW in 2010 to a combined limit of 627.2 MW by 2015.

Formulating policies is only the first step, the success of smart grids depends on the time-bound implementation of projects. Technology enabled systems and solutions have become the driving force for electricity segment in the last few year.

The 14 smart grid pilot projects were allotted in 2012. However, none of the 14 projects could be completed till date. Sadly, four of these projects have been cancelled.

CleanMax Solar, India’s leading solar solutions provider, has been acknowledged as ‘India’s largest rooftop solar developer’ for the third consecutive year, in the latest Bridge to India (BTI) report.

PV technology in India has completed more than 40 year and it is evolving continuously. Today, we occupy the position of a leader in the world's solar power market. India did a commendable job in the 1990s when manufacturing base was strengthened to over 300,000 smaller systems aggregated to 22 MW.

Rahul Mishra appointed CEO of Rays Future Energy India Pvt. Ltd Rays Power Infra Pvt Ltd, announced that it has appointed Rahul Mishra as the CEO to lead new business initiatives under Rays Future Energy India Pvt. Ltd.